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Old 06-04-2008, 03:25 PM   #3
W6DCS
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Join Date: Dec 2007
Location: Saugus, CA
Posts: 67
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I saw the drop - According to the analysts we cut back back usage more than they thought in the US, and the other countries have cut back also. The part I liked "The Analysts had projected higher prices, and they are now dropping more than the Analysts are comfortable with". I really don;t care what their comfort level is, all I know is we probably won't see it at the pump anytime soon. I am amazed, the price goes up and I see it immediately at the pump, or within 72 hours, the price goes down and I don't see the downward adjustment at the pumps for weeks or months.
I hope they build the refinery, and the current refineries get to expand. I am not a fan of nuclear power, but Europe has hundreds of them, and maybe it's time we build a couple more. I would rather use nuclear power than oil and coal burning generation. That would free up some oil for other uses, like RV'ing
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W6DCS, ex KC6LKS
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